About 80 per cent of rural Indian households have consistently reported higher consumption over the last year, NABARD's Rural Economic Conditions and Sentiments Survey (RECSS) found, asserting the survey outcome as a hallmark of rising prosperity.
Indian stock markets declined for the third consecutive session on Wednesday, as investors remained cautious ahead of the US Federal Reserve's 2026 policy guidance, with ongoing foreign fund outflows further dampening sentiment.
The domestic markets opened on a muted note on Wednesday, reflecting a cautious sentiment among investors ahead of the U.S. Federal Reserve's key rate cut announcement scheduled tonight.
Donald Trump Jr warned at the Doha Forum that Donald Trump could end support for Ukraine unless it seeks peace with Russia. He criticised Volodymyr Zelenskyy, claimed elites have fled, and said Americans are tired of funding the war, arguing Republicans no longer prioritise the conflict.
The Urban Consumer Confidence Survey and Rural Consumer Confidence Survey by the Reserve Bank of India (RBI), offered a broad picture of how people across the country viewed their economic situation.
At the close of trading today, the BSE Sensex ended at 85,712.37, up 447.05 points or 0.52 per cent, while the NSE Nifty50 stood at 26,186.45, up 152.7 points or 0.59 per cent. Broader markets were mixed, with the Nifty Midcap100 up 0.5 per cent while the Smallcap100 index slipped 0.6 per ce
With the cut in repo rate, which will eventually lead to lowering down the lending rates by the banks and the Housing Finance Companies, it will make home loans more affordable, supporting homebuyers and strengthening the housing demand.
Stronger-than-expected economic growth has led to hardening of bond yields, leaving the market divided over the Reserve Bank of India's upcoming monetary policy decision, a report by Union Bank of India stated.
Coupang Inc. is unlikely to suffer significant customer churn despite a major data breach affecting more than 33 million users, a report showed on Tuesday.